U.S. Macro Outlook: Mild Recession ≠ Pleasant

CUSHMAN & WAKEFIELD RESEARCH U.S. Macro Outlook

March 2023

Authors:

Rebecca Rockey Global Head of Forecasting rebecca.rockey@cushwake.com

James Bohnaker Senior Economist james.bohnaker@cushwake.com

Rob Miller Sr. Research Manager rob.miller@cushwake.com

Kevin Thorpe Global Chief Economist kevin.thorpe@cushwake.com

About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 52,000 employees in over 400 offices and approximately 60 countries. In 2022, the firm had revenue of $10.1 billion across core services of Property, facilities and project management, Leasing, Capital markets, and Valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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